Joint venture to contribute to WiMAX industry

Fujitsu Limited and the Institute for Information Industry (III) of Taiwan have entered into a memorandum of understanding (MOU) to establish a new company in Taiwan that will develop application platforms and provide engineering support based on WiMAX technology from Fujitsu and III.

Through the joint venture, scheduled to be established in March 2008, it is anticipated that the companies will significantly contribute to the development of the WiMAX industry in Taiwan.

The joint venture will develop WiMAX application platforms and provide them to ODM vendors in Taiwan.

The initial target applications will include mobile WiMAX handsets, and femto/pico base stations. Such application platforms will be delivered to ODM vendors in Taiwan to shorten the time to market and help them to bring up their WiMAX products to the worldwide customers quickly.